Forex
Dollar slips, yen strengthens, and AUD catches a bid
FX trading is choppy, with the dollar softer against several major currencies.
The dollar index slips 0.1% to 99.577. Against the majors, EUR/USD edges down 0.1% to 1.1589, GBP/USD falls 0.2% to 1.3482, and USD/JPY drops 0.9% to 158.824.
Commodity currencies are mixed. AUD/USD rises 0.3% to 0.7167, while USD/CAD falls 0.4% to 1.3842. USD/CHF ticks up 0.2% to 0.813.
Some of the bigger moves are in emerging market pairs. USD/BRL falls 0.6% to 5.1522, USD/MXN slips 0.0% to 16.9839, USD/KRW drops 1.0% to 1359.27, and USD/ZAR loses 0.6% to 16.0602.
The tone fits the broader day: rates stay high, volatility cools, and traders keep digesting a mix of growth, inflation, and geopolitical headlines.